The government’s move to promote affordable housing by setting up a special fund is welcome. It will boost buyers’ sentiments and help revive the real estate market. We expected the government to give industry status to real estate sector, though its efforts to support infrastructural development is laudable.

Hindustan Construction Company (HCC), as a lead partner in the JV with AL FARA’A, has been awarded a Rs 484 crore contract by the Maharashtra Metro Rail Corporation for the Pune Metro Rail Project. HCC’s share in the JV is 51 per cent (Rs 247 crore).

2017 will go down in the history of Indian real estate as the year that changed the sector forever. Never in the history of Indian real estate have so many major events taken place within such a short period of time.

Metro Rail projects in India have seen phenomenal growth over the past few years. The success of the Delhi Metro as a rapid transit urban transportation solution was replicated in many urban cities like Chennai, Kochi, Bengaluru, etc.

What is proposed development in Un approved colonies like Vasant Vihar Colony Karnal which is in existence since 1987 and No metalled roads,No proper disposal of waste domestic water ,no sewerage System in a colony of population exceeding /around 10000. Lions share of Development of Smart City is diverted into New Projects as mentioned 1100 crores out of 1200 crores announced for 2nd Phase development of Mughal Canal Marketting Project in a city where people are waiting for Basic Amenities of Life Roads , Water Supplies and Sewarage System. I Wish a smart city with healthy citizens which requires providing basic amenities to all.
People are encroaching small width Galies hence no chance to reach in car/trucks that too without pukka Roads.